Ind. Code § 12-21-9-6
Sources of funds; investment; nonreverting fund; appropriation
Indiana · Indiana Code Title 12 — Human Services · Status: effective
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- Ind. Code § 12-21-9-6, Sources of funds; investment; nonreverting fund; appropriation, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1629634
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Full text
Sec. 6.
(a) The fund consists of:
(1) money received from state or federal grants or programs; and
(2) gifts, money, and donations received from any other source, including transfers from other funds or accounts.
(b) The treasurer of state shall invest the money in the fund not currently needed to meet the obligations of the fund in the same manner as other public money may be invested. Interest that accrues from these investments shall be deposited in the fund.
(c) Money in the fund at the end of a state fiscal year does not revert to the state general fund.
(d) Money in the fund is continuously appropriated for purposes of this chapter.